Form 4: US Bancorp Senior EVP Gifts 4,500 Shares
Insider Transaction Report
James L. Chosy, Senior EVP and General Counsel of US Bancorp, reported a disposition of 4,500 shares of common stock at no cost.
Summary
- James L. Chosy, Senior EVP and General Counsel of US Bancorp (USB), reported a change in beneficial ownership.
- On February 3, 2026, Chosy disposed of 4,500 shares of US Bancorp common stock.
- The transaction was coded as a 'Gift, Grant or Award' (G) and occurred at a price of $0.00 per share.
- Following this transaction, Chosy directly beneficially owns 221,875 shares of US Bancorp common stock.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral event. A disposition, even a gift, reduces insider ownership, but it's a small percentage of total holdings and a routine disclosure.
Negatives
- The disposition of 4,500 shares reduces the reporting person's direct beneficial ownership in the company.
Future Outlook
No forward-looking statements or guidance were provided in this filing.
Industry Context
StockSavvy.ai notes that insider transactions, particularly dispositions, are routinely reported for transparency, but a gift at $0.00 is less common than market sales or tax withholdings.
Stakeholder Impact
- Shareholders: A minor reduction in insider ownership, generally not significant enough to impact sentiment unless part of a larger trend.
Key Dates
| Date | Description |
|---|---|
| 02/03/2026 | Date of transaction where 4,500 shares were disposed of. |
| 02/04/2026 | Date the Form 4 was signed by the reporting person. |
Keywords
US Bancorp, USB, James L. Chosy, insider transaction, Form 4, beneficial ownership, common stock, disposition, gift
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